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    1147 E 71st Street

    Los Angeles (City), CA 90001
    • $545,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: SR21060951
    UPDATED: 193 min ago
    $545,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,043
      SQFT
    • $523
      $/SQFT
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    Reduced...GREAT BUY REGULAR SALE THIS IS A 3BED AND 2BATH HOUSE NEWLY REMODEL LOCATED IN A GREAT NEIGHBORHOOD,GREAT FLOOR PLAN,LONG DRIVEWAY FOR EXTRA PARKING,THIS HOUSE HAS BEEN COMPLETELY UP GRADED WITH NEW KITCHEN CABINETS,GRANITE COUNTER TOPS,BEAUTIFUL BATHROOMS,NEW WINDOWS, new water heater, electric panel, storage, and unit in garage. IRON FENCING FOR PRIVACY AND SECURITY,ALSO FEATURES LOTS OF PRODUCING FRUIT TREES.TURKEY PROPERTY YOUR BUYERS WILL LOVE IT, IT'S A MUST SEE, MAKE YOUR OFFER, PRICED TO SELL. Extra extra extra OWN for FREE. Property will pull $5300 gross monthly income (potentional). Currently family occupied, no tenant issues. R3 Zoned Income Producing Single Family Residential property. The house features a step down master bedroom with bathroom. New kitchen and bathrooms, and tile and hardwood oak flooring. Property has hooks ups for washer and dryer inside and outside. New windows . Unit is in the back. New high metal fencing for privacy. The studio unit has kitchen and bathroom. The existing storage structure can be turned into another unit, by somebody, which will be added value of at least $1700 more, plus the rent on the studio (1100), and the rent for the house (2500) your looking a $5300 gross/mnth. A POSITIVE CASH FLOW APPROX 20K A YEAR or more. This property is near the SOHO NFL stadium, the Metro Link, shopping, schools. It is in the County of L.A. Close to the Ocean, DTLA, this property will go fast to an owner operator with minimal down, or an investor. You can tear this down and build, like the one across the street since it is R3. Garage conversion is not permitted.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/115404572
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    1147 E 71st Street Los Angeles (City), CA 90001

    • Price: $545,000
    • Status: Active
    • Updated: 193 min ago
    • ID#: SR21060951
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,043
    SQFT
    $523
    $/SQFT
    1939
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Reduced...GREAT BUY REGULAR SALE THIS IS A 3BED AND 2BATH HOUSE NEWLY REMODEL LOCATED IN A GREAT NEIGHBORHOOD,GREAT FLOOR PLAN,LONG DRIVEWAY FOR EXTRA PARKING,THIS HOUSE HAS BEEN COMPLETELY UP GRADED WITH NEW KITCHEN CABINETS,GRANITE COUNTER TOPS,BEAUTIFUL BATHROOMS,NEW WINDOWS, new water heater, electric panel, storage, and unit in garage. IRON FENCING FOR PRIVACY AND SECURITY,ALSO FEATURES LOTS OF PRODUCING FRUIT TREES.TURKEY PROPERTY YOUR BUYERS WILL LOVE IT, IT'S A MUST SEE, MAKE YOUR OFFER, PRICED TO SELL. Extra extra extra OWN for FREE. Property will pull $5300 gross monthly income (potentional). Currently family occupied, no tenant issues. R3 Zoned Income Producing Single Family Residential property. The house features a step down master bedroom with bathroom. New kitchen and bathrooms, and tile and hardwood oak flooring. Property has hooks ups for washer and dryer inside and outside. New windows . Unit is in the back. New high metal fencing for privacy. The studio unit has kitchen and bathroom. The existing storage structure can be turned into another unit, by somebody, which will be added value of at least $1700 more, plus the rent on the studio (1100), and the rent for the house (2500) your looking a $5300 gross/mnth. A POSITIVE CASH FLOW APPROX 20K A YEAR or more. This property is near the SOHO NFL stadium, the Metro Link, shopping, schools. It is in the County of L.A. Close to the Ocean, DTLA, this property will go fast to an owner operator with minimal down, or an investor. You can tear this down and build, like the one across the street since it is R3. Garage conversion is not permitted.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 0 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 0 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN Yes Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lcr3*

    Listing provided courtesy of Jesse Torrero of Jesse Torrero


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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